Morten Sorensen

Dartmouth College - Tuck School of Business

Hanover, NH 03755

United States

SCHOLARLY PAPERS

18

DOWNLOADS
Rank 1,322

SSRN RANKINGS

Top 1,322

in Total Papers Downloads

23,880

SSRN CITATIONS
Rank 1,147

SSRN RANKINGS

Top 1,147

in Total Papers Citations

651

CROSSREF CITATIONS

360

Scholarly Papers (18)

1.
Downloads 4,629 ( 2,098)
Citation 5

Are CEOs Different?

Columbia Business School Research Paper No. 16-27, Paris December 2016 Finance Meeting EUROFIDAI - AFFI, Journal of Finance, Forthcoming
Number of pages: 61 Posted: 15 Mar 2016 Last Revised: 30 Oct 2020
Steven N. Kaplan and Morten Sorensen
University of Chicago - Booth School of Business and Dartmouth College - Tuck School of Business
Downloads 4,550 (2,127)
Citation 3

Abstract:

Loading...

CEOs, CFOs, COOs, Managerial Characteristics, Hiring Decisions, Corporate Governance

Are CEOS Different? Characteristics of Top Managers

NBER Working Paper No. w23832
Number of pages: 55 Posted: 18 Sep 2017 Last Revised: 27 Sep 2017
Steven N. Kaplan and Morten Sorensen
University of Chicago - Booth School of Business and Dartmouth College - Tuck School of Business
Downloads 79 (353,050)
Citation 1

Abstract:

Loading...

2.
Downloads 4,587 ( 2,130)
Citation 81

Which CEO Characteristics and Abilities Matter?

Swedish Institute for Financial Research Conference on the Economics of the Private Equity Market, AFA 2008 New Orleans Meetings Paper
Number of pages: 49 Posted: 20 Mar 2007 Last Revised: 13 Jan 2015
Steven N. Kaplan, Mark M. Klebanov and Morten Sorensen
University of Chicago - Booth School of Business, University of Chicago - Graduate School of Business (GSB) and Dartmouth College - Tuck School of Business
Downloads 4,374 (2,283)
Citation 88

Abstract:

Loading...

CEO characteristics, private equity

Which CEO Characteristics and Abilities Matter?

NBER Working Paper No. w14195
Number of pages: 55 Posted: 04 Aug 2008 Last Revised: 29 Oct 2014
Steven N. Kaplan, Mark M. Klebanov and Morten Sorensen
University of Chicago - Booth School of Business, University of Chicago - Graduate School of Business (GSB) and Dartmouth College - Tuck School of Business
Downloads 213 (163,674)

Abstract:

Loading...

3.
Downloads 2,222 ( 7,276)
Citation 18

Skill and Luck in Private Equity Performance

Rock Center for Corporate Governance at Stanford University Working Paper No. 179
Number of pages: 69 Posted: 03 Apr 2014 Last Revised: 16 Dec 2015
Arthur G. Korteweg and Morten Sorensen
University of Southern California - Marshall School of Business and Dartmouth College - Tuck School of Business
Downloads 1,883 (9,412)
Citation 15

Abstract:

Loading...

Persistence, private equity, venture capital, skill, learning

Skill and Luck in Private Equity Performance

Netspar Discussion Paper No. 04/2014-026
Number of pages: 59 Posted: 08 Jul 2014
Arthur G. Korteweg and Morten Sorensen
University of Southern California - Marshall School of Business and Dartmouth College - Tuck School of Business
Downloads 339 (101,161)
Citation 9

Abstract:

Loading...

4.
Downloads 2,028 ( 8,507)
Citation 14

Private Equity and Industry Performance

Harvard Business School Entrepreneurial Management Working Paper No. 10-045, AFA 2011 Denver Meetings Paper
Number of pages: 49 Posted: 18 Dec 2009 Last Revised: 29 Aug 2011
Shai Bernstein, Josh Lerner, Morten Sorensen and Per Strömberg
Stanford Graduate School of Business, Harvard Business School - Finance Unit, Dartmouth College - Tuck School of Business and Swedish House of Finance
Downloads 1,529 (13,106)

Abstract:

Loading...

Private Equity and Industry Performance

Netspar Discussion Paper No. 06/2014-023, Stanford University Graduate School of Business Research Paper No. 14-25
Number of pages: 47 Posted: 02 Jul 2014
Shai Bernstein, Josh Lerner, Morten Sorensen and Per Strömberg
Stanford Graduate School of Business, Harvard Business School - Finance Unit, Dartmouth College - Tuck School of Business and Swedish House of Finance
Downloads 388 (86,587)
Citation 15

Abstract:

Loading...

Private Equity and Industry Performance

NBER Working Paper No. w15632
Number of pages: 40 Posted: 11 Jan 2010 Last Revised: 29 Oct 2014
Shai Bernstein, Josh Lerner, Morten Sorensen and Per Strömberg
Stanford Graduate School of Business, Harvard Business School - Finance Unit, Dartmouth College - Tuck School of Business and Swedish House of Finance
Downloads 111 (282,506)

Abstract:

Loading...

Private Equity and Long-Run Investment: The Case of Innovation

EFA 2009 Bergen Meetings Paper
Number of pages: 49 Posted: 17 Feb 2008 Last Revised: 25 Oct 2014
Morten Sorensen, Per Strömberg and Josh Lerner
Dartmouth College - Tuck School of Business, Swedish House of Finance and Harvard Business School - Finance Unit
Downloads 1,485 (13,716)
Citation 3

Abstract:

Loading...

Buyouts, LBOs, Innovation, Patents

Private Equity and Long-Run Investment: The Case of Innovation

The Journal of Finance, Vol. 66, No. 2, pp. 445-477, 2010
Number of pages: 57 Posted: 27 Oct 2011
Morten Sorensen, Per Strömberg and Josh Lerner
Dartmouth College - Tuck School of Business, Swedish House of Finance and Harvard Business School - Finance Unit
Downloads 213 (163,735)
Citation 26

Abstract:

Loading...

Private Equity and Long-Run Investment: The Case of Innovation

NBER Working Paper No. w14623
Number of pages: 50 Posted: 15 Jan 2009 Last Revised: 13 Jan 2015
Josh Lerner, Morten Sorensen and Per Strömberg
Harvard Business School - Finance Unit, Dartmouth College - Tuck School of Business and Swedish House of Finance
Downloads 128 (254,380)
Citation 9

Abstract:

Loading...

The Public Market Equivalent and Private Equity Performance

Columbia Business School Research Paper No. 13-34
Number of pages: 21 Posted: 02 May 2013 Last Revised: 11 Nov 2019
Morten Sorensen and Ravi Jagannathan
Dartmouth College - Tuck School of Business and Northwestern University - Kellogg School of Management
Downloads 994 (25,234)
Citation 21

Abstract:

Loading...

Private equity, public market equivalent, PME, log utility CAPM, ex-post performance evaluation, generalized method of moments

The Public Market Equivalent and Private Equity Performance

Financial Analysts Journal, Vol. 71, No. 4, 2015, Netspar Discussion Paper No. 09/2013-039
Number of pages: 22 Posted: 01 Nov 2013 Last Revised: 13 Jan 2016
Morten Sorensen and Ravi Jagannathan
Dartmouth College - Tuck School of Business and Northwestern University - Kellogg School of Management
Downloads 817 (33,319)
Citation 3

Abstract:

Loading...

Private equity, public market equivalent, PME, log utility CAPM, ex-post performance evaluation, generalized method of moments

Risk and Return Characteristics of Venture Capital-Backed Entrepreneurial Companies

Review of Financial Studies, Forthcoming, AFA 2009 San Francisco Meetings Paper
Number of pages: 58 Posted: 25 Mar 2008 Last Revised: 13 Jan 2015
Arthur G. Korteweg and Morten Sorensen
University of Southern California - Marshall School of Business and Dartmouth College - Tuck School of Business
Downloads 1,222 (18,544)
Citation 5

Abstract:

Loading...

Entrepreneurship, Venture Capital, Sample Selection, Liquidity, Endogenous Trading, MCMC, Gibbs Sampling

Risk and Return Characteristics of Venture Capital-Backed Entrepreneurial Companies

The Review of Financial Studies, Vol. 23, No. 10, pp. 3738-3772, 2011
Number of pages: 63 Posted: 27 Oct 2011
Arthur G. Korteweg and Morten Sorensen
University of Southern California - Marshall School of Business and Dartmouth College - Tuck School of Business
Downloads 104 (295,923)

Abstract:

Loading...

Risk and Return Characteristics of Venture Capital-Backed Entrepreneurial Companies

Netspar Discussion Paper No. 01/2011-033
Number of pages: 64 Posted: 25 Apr 2011
Arthur G. Korteweg and Morten Sorensen
University of Southern California - Marshall School of Business and Dartmouth College - Tuck School of Business
Downloads 80 (350,357)
Citation 38

Abstract:

Loading...

8.

Risks, Returns, and Optimal Holdings of Private Equity: A Survey of Existing Approaches

Number of pages: 32 Posted: 30 Jul 2012
Andrew Ang and Morten Sorensen
BlackRock, Inc and Dartmouth College - Tuck School of Business
Downloads 1,203 (19,349)
Citation 6

Abstract:

Loading...

How Smart is Smart Money? A Two-Sided Matching Model of Venture Capital

Number of pages: 63 Posted: 31 Jan 2006
Morten Sorensen
Dartmouth College - Tuck School of Business
Downloads 1,192 (19,252)
Citation 119

Abstract:

Loading...

Venture Capital, Selection Problem, Two-Sided Matching, Bayesian Estimation, MCMC

How Smart is Smart Money? A Two-Sided Matching Model of Venture Capital

Journal of Finance, Forthcoming
Posted: 13 Mar 2007
Morten Sorensen
Dartmouth College - Tuck School of Business

Abstract:

Loading...

Venture Capital, Selection Problem, Two-Sided Matching, Bayesian Estimation, MCMC

10.
Downloads 1,103 ( 21,992)
Citation 17

Valuing Private Equity

Number of pages: 58 Posted: 18 Apr 2012 Last Revised: 14 Jun 2013
Morten Sorensen, Neng Wang and Jinqiang Yang
Dartmouth College - Tuck School of Business, Columbia University and Shanghai University of Finance and Economics
Downloads 643 (46,182)

Abstract:

Loading...

Private equity, LP portfolio choice, certainty-equivalent valuation, incomplete markets, illiquidity, non-diversifiable risk, alpha, GP compensation, management fees, carried interest

Valuing Private Equity

Netspar Discussion Paper No. 04/2012-041
Number of pages: 59 Posted: 27 Nov 2012 Last Revised: 27 Sep 2019
Morten Sorensen, Neng Wang and Jinqiang Yang
Dartmouth College - Tuck School of Business, Columbia Business School - Finance and Economics and Shanghai University of Finance and Economics
Downloads 161 (210,925)
Citation 10

Abstract:

Loading...

Private equity, alternative investments, illiquidity, portfolio choice, asset allocation, management fees, carried interest, incomplete markets

Valuing Private Equity

Number of pages: 58 Posted: 03 Oct 2012 Last Revised: 14 Jun 2013
Morten Sorensen, Neng Wang and Jinqiang Yang
Dartmouth College - Tuck School of Business, Columbia Business School - Finance and Economics and Shanghai University of Finance and Economics
Downloads 150 (223,923)
Citation 1

Abstract:

Loading...

Private equity, alternative investments, illiquidity, portfolio choice, asset allocation, management fees, carried interest, incomplete markets

Valuing Private Equity

NBER Working Paper No. w19612
Number of pages: 64 Posted: 09 Nov 2013 Last Revised: 07 Oct 2014
Morten Sorensen, Neng Wang and Jinqiang Yang
Dartmouth College - Tuck School of Business, Columbia Business School - Finance and Economics and Shanghai University of Finance and Economics
Downloads 149 (225,144)
Citation 4

Abstract:

Loading...

11.

Learning By Investing: Evidence from Venture Capital

AFA 2008 New Orleans Meetings Paper
Number of pages: 42 Posted: 13 Mar 2007 Last Revised: 29 Oct 2014
Morten Sorensen
Dartmouth College - Tuck School of Business
Downloads 1,024 (24,556)
Citation 24

Abstract:

Loading...

Venture Capital, Learning, Multi-Armed Bandit Model, Exploration, Exploitation

12.
Downloads 310 (112,353)
Citation 1

Estimating Loan-to-Value Distributions

Columbia Business School Research Paper No. 12-15
Number of pages: 57 Posted: 14 Sep 2011 Last Revised: 18 Jun 2014
Arthur G. Korteweg and Morten Sorensen
University of Southern California - Marshall School of Business and Dartmouth College - Tuck School of Business
Downloads 300 (115,819)

Abstract:

Loading...

Real Estate Prices, Loan-To-Value, Repeat-Sales Price Index, Sample Selection, Bayesian Estimation, Gibbs Sampling, MCMC

Estimating Loan-to-Value and Foreclosure Behavior

NBER Working Paper No. w17882
Number of pages: 59 Posted: 02 Mar 2012
Arthur G. Korteweg and Morten Sorensen
University of Southern California - Marshall School of Business and Dartmouth College - Tuck School of Business
Downloads 10 (687,411)

Abstract:

Loading...

13.

Identification of Multi-Index Sample Selection Models

Number of pages: 28 Posted: 09 May 2007 Last Revised: 29 Aug 2011
Morten Sorensen
Dartmouth College - Tuck School of Business
Downloads 226 (155,137)

Abstract:

Loading...

Sample Selection Model, Two-Sided Matching

What Is CEO Overconfidence? Evidence from Executive Assessments

Chicago Booth Research Paper No. 20-22, Fama-Miller Working Paper, Tuck School of Business Working Paper No. 3680699
Number of pages: 38 Posted: 27 Aug 2020
University of Chicago - Booth School of Business, Dartmouth College - Tuck School of Business and University of Chicago - Booth School of Business
Downloads 207 (168,317)

Abstract:

Loading...

What is CEO Overconfidence? Evidence from Executive Assessments

NBER Working Paper No. w27853
Number of pages: 38 Posted: 28 Sep 2020
University of Chicago - Booth School of Business, Dartmouth College - Tuck School of Business and University of Chicago - Booth School of Business
Downloads 10 (687,411)
  • Add to Cart

Abstract:

Loading...

15.

Evaluating Private Equity Performance Using Stochastic Discount Factors

Number of pages: 59 Posted: 07 Jan 2020 Last Revised: 19 Feb 2020
Oleg Gredil, Morten Sorensen and William Waller
Tulane University - A.B. Freeman School of Business, Dartmouth College - Tuck School of Business and Tulane University - Finance & Economics
Downloads 90 (322,904)
Citation 2

Abstract:

Loading...

Private Equity, Venture Capital, Institutional Investors, Consumption-based Asset Pricing, University endowments, Pension plans

16.

Private Equity and Investment in Innovation: Evidence from Patents

Journal of Applied Corporate Finance, Vol. 25, Issue 2, pp. 95-102, 2013
Number of pages: 10 Posted: 13 Sep 2013
Josh Lerner, Morten Sorensen and Per Strömberg
Harvard Business School - Finance Unit, Dartmouth College - Tuck School of Business and Swedish House of Finance
Downloads 3 (712,891)
  • Add to Cart

Abstract:

Loading...

17.

Optimal Allocation to Private Equity

Number of pages: 69
Nicola Giommetti and Morten Sorensen
Copenhagen Business School - Department of Finance and Dartmouth College - Tuck School of Business
Downloads 3

Abstract:

Loading...

Private Equity, Limited Partner, Asset Allocation, Portfolio Problem, Illiquidity, Secondary Market

Estimating Loan‐To‐Value Distributions

Real Estate Economics, Vol. 44, Issue 1, pp. 41-86, 2016
Number of pages: 46 Posted: 20 Jan 2016
Arthur G. Korteweg and Morten Sorensen
University of Southern California - Marshall School of Business and Dartmouth College - Tuck School of Business
Downloads 0
Citation 3
  • Add to Cart

Abstract:

Loading...

Estimating Loan-to-Value Distributions

Real Estate Economics, Forthcoming
Posted: 22 Jul 2014
Arthur G. Korteweg and Morten Sorensen
University of Southern California - Marshall School of Business and Dartmouth College - Tuck School of Business

Abstract:

Loading...

Loan-to-Value, Price Dispersion, Real Estate Indices, Sample Selection, Bayesian Estimation